Alan Knuckman's Morning Trade: Sunpower

Alan Knuckman joins Oliver to discuss an example options trade in the solar power company SunPower (SPWR). The stock has fallen more than $20 off recent highs made in Jan. 2020, and has been channel-bound for roughly six weeks. Knuckman said he sees attractive gaps above the $40 and $45 levels, and, as an example, buys a 27-strike call that expires the week of June 18.

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Alan Knuckman's Morning Trade: Sunpower

Alan Knuckman joins Oliver to discuss an example options trade in the solar power company SunPower (SPWR). The stock has fallen more than $20 off recent highs made in Jan. 2020, and has been channel-bound for roughly six weeks. Knuckman said he sees attractive gaps above the $40 and $45 levels, and, as an example, buys a 27-strike call that expires the week of June 18.

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US